Sold
16 River Road, Cannington WA 6107
Sold price: $880,000
Sold: 07 Jun 2021
Sold
-
Landsize 1,247m2
Land
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An incredible development opportunity - Cannington's Riverside Precinct!
A large 1247sqm corner block investment opportunity not to be missed in the heart of Cannington. This is suitable for developers or investors who are looking in the highly sought-after suburb of Cannington, the Riverside Precinct is a plus. Development zoned "City Centre" minimum R60 density, the options on this unique address are endless.
For developers:
- Corner block with River Road and Bradford Street dual access.
- Mouth-watering 1247 sqm prime land
- City Centre Development Zone
- Potential 8 blocks for 2 storeys or 3 storeys dwellings*
- Potential 6 level apartments for 25 units*
- Huge 54.4m street frontage on River Road
- 35.1m street frontage on Bradford Street
- Riverside Lifestyle Living
For investors
- Large family home with 4 bedrooms and 2 bathrooms and double garage
- Multiple internal living areas with plenty of space for everyone
- Lease for a rental income or move in while going through DA
- Many lifestyle opportunities: Lush green pack lands, riverside living, cafes & playgrounds
- Peace and quiet location in midst of hustle and bustle
Location Location Location:
- Canning River and Wilson Park
- The New Westfield Carousel Shopping Centre
- Cannington Train Station
- Roof Top Restaurants Strip
- Aldi Stores, Chemist Warehouse, Bunnings Cannington and more at doorsteps
- Perth Airport 12km (Approx.)
- Perth International Airport 11 km (Approx.)
Rare opportunity, call the exclusive agent today to secure and prosper!
Disclaimer: Whilst all reasonable care has been taken in preparing the particulars contained in this information supplied, neither the seller nor the agent or their representatives can be held responsible for any inaccuracies. Interested parties must make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form any part of any offer or contract. Proposed designs are for reference only. All development is subject to approvals from the City of Cannington and/or WAPC, interest parties must perform their own due diligence to satisfy themselves in all aspects.
Listing snapshot by reiwa.com
This land listing located in Cannington was sold by Angela Sheng and Lydia Xu at ANDO Real Estate.
If you would like to get in touch with Angela Sheng or Lydia Xu regarding 16 River Road, Cannington, please call Angela on 0433 716 656 or call Lydia on 0484 388 989, or contact the agent via email.
Nearby schools
Cannington overview
With settlement dating from the 1840s, Cannington didn't experience significant residential development until the post-war years. Rapid growth began in the 1960s with another substantial increase occurring in the 1990s. Part of the City of Canning, Cannington has substantial commercial sectors within its four square kilometre land area.
Life in Cannington
Cannington is well serviced by a mixture of retail and recreational facilities. Westfield Carousel Shopping Centre is a major fixture of Cannington with everything from extensive retail shops, a gym, pub, restaurants and cinema available here. There are numerous parks for locals to enjoy as well as the Canning River, which bounds the suburb to the south. Local schools include Cannington Primary School and Cannington Community College.
Cannington quick stats
High end
$635k
Median
$565k
Low end
$485k
25.6 %
Annual growth
$565k
Annual median sales price
$637pw
Annual median rental price
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